Aerovate Therapeutics (AVTE)

Cash on Hand as of September 2024 : HK$0.68 Billion

According to Aerovate Therapeutics's latest financial reports the company has HK$0.68 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Aerovate Therapeutics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.00 B	-22.64%
2021-12-31	HK$1.30 B	3581.5%
2020-12-31	HK$35.45 M	29.54%
2019-12-31	HK$27.36 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Aerovate Therapeutics (AVTE) - Cash on Hand